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| subject: | Re: How far will the US Dollar fall & how fast? |
From: Phil Payne > It's currently about 68 cents US to the NZ$, it was less than 45 cents a > couple of years ago and 55 cents about the beginning of 2003. Over the same > period, it's varied from 33 to 37 pence GB to the NZ$. Looks like last week's recovery was a dead cat bounce: http://www.quicken.com/investments/news_center/story/?story=NewsStory/dowJones/ 20040120/ON200401201306001285.var&column=P0DFP "The dollar is sharply weaker across the board Tuesday, particularly against the euro and sterling. Having cut back extended positions in the dollar's rally last week, dealers are once again selling the unit. At 12:45 p.m. EST, the euro was at $1.2590, well up from $1.2347 late Monday in New York. Sterling was up at $1.8215 from $1.7826 late Monday in a startling move, clawing back around half of last week's entire 7 1/2-cent decline." $1.8305 a few minutes ago. -- Phil Payne http://www.isham-research.com +44 7785 302 803 +49 173 6242039 --- BBBS/NT v4.01 Flag-5* Origin: Barktopia BBS Site http://HarborWebs.com:8081 (1:379/45) SEEN-BY: 633/267 270 @PATH: 379/45 1 633/267 |
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